MCQ
True or False
State to whether the following statement is True/False.
The debenture holder is owner of the company.
Options
True
False
Advertisement Remove all ads
Solution
False
Explanation: Debenture-holders are the creditors of a company. They get interest at a fixed rate, irrespective of whether the company makes profit or not. Unlike shareholders, they are not the owners of the company.
Concept: Meaning and Concept of Debentures
Is there an error in this question or solution?
Advertisement Remove all ads
APPEARS IN
Advertisement Remove all ads
Advertisement Remove all ads
